2025-12-25 16:25:57

The recent cryptocurrency market is like a still lake, with Bitcoin repeatedly hovering around $87,000. Bulls and bears are secretly competing, neither willing to break this strange equilibrium first.

The most interesting thing is the market's "regularity." Every night around 11 PM, sell orders appear on time, forming a fixed routine over several days. An experienced trader jokingly mentioned this phenomenon, with a look of helplessness: "This is more reliable than my alarm clock."

On-chain data reveals clues—Bitcoin reserves on exchanges have shrunk by about 8% since early August, and market liquidity has been drained completely. Even the most vocal bullish analysts have changed their tune, adopting a more cautious and conservative stance.

**Technical analysis has been pushed to the limit**

From my years of trading experience, Bitcoin is now stuck in an extremely narrow range. On the 4-hour chart, the price oscillates around $87,000, with stubborn resistance at $88,300-$88,900 and support at $86,000-$84,000. This extreme compression often indicates a big move is brewing—like a spring being compressed to its limit, ready to release at any moment.

The futures market is also very particular. Open interest fluctuates between $55 billion and $60 billion, with traders unwilling to truly exit their positions. Instead, they continue to hold leveraged positions, betting on the direction. This is a sign of building momentum—energy is accumulating.

It’s also important to note that Bitcoin is still under the downward trendline formed since the peak of $126,000 in October. Every rebound attempt hits a wall at this line, gradually eroding market sentiment through repeated failures.

BTC0.18%

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MetaverseMigrant

· 4h ago

The sell-offs appear promptly at 11 PM every night. How boring is that? It feels like playing a murder mystery game. If the spring is pressed to the limit, it will eventually snap—just don't know when it will break. The exchange's Bitcoin reserves have shrunk by 8%. That’s the real point. True players have been quietly accumulating. Have all the bullish folks changed their tune? Haha, is this a sign of the bottom? The 87,000 level keeps bouncing back. Might as well get myself caught in the same bounce. Liquidity is completely drained... Basically, there's no money left to move, waiting for big players to make a move. I'm tired of hearing about the spring theory. Every time, they say it’s going to explode, but it just oscillates slowly. Those analysts who changed their stance will probably hype it up again once it rises. That’s just how this industry works.

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gas_guzzler

· 4h ago

The sell-off at 11 PM every night is really impressive, more punctual than an alarm clock haha The resistance level is so stubborn, it feels like the spring is about to break Exchange Bitcoin has shrunk by 8%, this data is quite interesting Those bullish analysts turned hostile so quickly, hilarious Is it accumulation or distribution? Anyway, hold your coins tightly

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CodeSmellHunter

· 4h ago

Same old story, every time they say big moves are coming, but it still just consolidates there. Wait, selling every night at 11 PM? There must be big players manipulating behind the scenes. Liquidity has been drained, and those who haven't run yet are truly brave. When the spring is compressed to the limit, it has to explode. It was time to choose a direction long ago. If we keep dragging this out, everyone's mentality will break. Those analysts who changed their tune are hilarious. They were shouting the loudest when they were bullish, but now they are the most cautious. The technicals are being suppressed, and no one wants to admit defeat with 58.8 billion in open interest. This is what a casino feels like. The 126,000 high now looks like a joke. The downward trend line keeps giving a slap each time. Instead of waiting for big moves, it's better to hold at 86,000 first. If it breaks, get ready to buy the dip.

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ApeWithAPlan

· 4h ago

Selling at 11 PM every night and clocking in on time, how boring is that... Feels like big players are manipulating the market HODL or cut losses, it all depends on who gets scared first by the nighttime sell-off 88k held out for so long, once it breaks, I guess there will be liquidations everywhere Liquidity has been drained, entering now is just gambling against the whales, no wonder the bullish folks have gone silent How long can the spring be compressed? Once it reaches a certain point, it should rebound, right? Or it just keeps bleeding out This is the battle between spot and futures, everyone wants to bet on winning others' money

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SchrodingersPaper

· 4h ago

Dropping the market precisely at 11 PM every night? How bored must this guy be? I just want to know what kind of alarm clock he's using.

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CryptoGoldmine

· 4h ago

From the growth curve of the computing power network, this wave of suppression is actually a signal for accumulation and positioning. The nightly 11 PM sell-off indeed coincides with the difficulty adjustment cycle of my recent mining pool. Exchange BTC reserves shrink by 8%? This indicates that large investors are accumulating, and the ROI remains upward in the long term. Technical suppression is one thing, but the key is who can maintain the computing power to profit ratio; the spring will eventually be released. 550 billion in open interest contracts suggest that no one in the market dares to fully exit; my stance is the same.

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MelonField

· 4h ago

The sell-off at 11 PM every night... is really incredible. Is it possible that a big whale is just harvesting? --- Spring compression to the limit will eventually rebound, but I bet on a downward move... It's not that I am bearish, but this trend line is just too fierce. --- An 8% withdrawal fee on the exchange? That means someone is accumulating chips. Why are those big V's instead backing off? --- The contract volume from 550 to 600 billion indicates that some people still want to gamble, and no one wants to run away. This balance can't last long. --- Sell orders start work on time, more punctual than people. It must be organized, right? That's too outrageous. --- From 126,000 down to now, daily friction with the pressure line. If it were me, I would have given up long ago, but traders really can endure. --- Liquidity has been drained completely, which is the scary part. From another perspective, it might be big players secretly planning. --- Based on this article, does the market just wait for that moment to explode? I feel like it will be the downward moment... --- The alarm clock isn't as accurate as that 11 o'clock sell-off. I really want to follow this pattern to short and earn stable profits.

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